Problem
"By 2020, the amount of money spent on online marketing will overtake TV advertising for the first time", according to ZenithOptimedia. Demand for the "Data" is growing rapidly in the market. So various kinds of data have conquered present data market with the presence of an enormous number of sellers. As of the availability increases, the quality of data has become largely questionable. And the difficulty of finding quality data related to a respective field has been increased.
Some organizations have potential to produce required data using their own methods, but others will just looking to buy data from the sellers or data firms. Anyhow the ultimate game plans of businesses and other products depend on the data fed. Due to the unavailability of quality data, those companies tend to buy and check in a trial and error basis until they gain the needed amount of data in desired quality. Nothing they can do about such wastage of money, any way or another they have to find the correct data streams to feed their game plans or that plans will be deserted. Deadlines and time limitations will intensify the possible losses.
Quadrant Awakening
Quadrant, the next generation project which enables the access, creation, and distribution of data products and services. Quadrant operates using the blockchain as a tool for providing Proof of Authenticity.
Current companies just use data continuously, again and again, but initial data producers get nothing. The engine of Quadrant developed to share gaining profits with the initial data producers for every time their data used. Quadrant uses a stamping technique to ease of data tracking. This will simplify all the transaction mechanisms and management of billions/trillions of existing data. Quadrant encourages innovative data products. So transparent and trusted suppliers has given the ability to use 'data smart contracts' of Quadrant.
Solution
The need for high quality, authentic, complete, and accurate data has increased the market value of data products. But in the current market, data quality improvement owns a slower path, where still companies process checking of spreadsheets line-by-line to pick out the wrong data. Quadrant will create a massive acceleration on this with the use of blockchain technology.
Quadrant assures the data with 100% authenticity, for the first time in the data economy. Buyers can ensure about the authenticity by the facility of knowing the origins of data in Quadrant. Now on companies can progress inside their budget while cutting off many costs on corrupted and fraud data. AI and machine learning companies can directly buy this ultimate data product of quadrant and enhance the progress of their companies easily.
Make Your Move
75% of the hard cap has been raised in the pre-sale. If you interested, grab your tokens in the crowd-sale. Quadrant has been nominated as a high-quality product in many reputed rating companies. The crowdsale date will be announced soon,
Here are some links to the official sites of the Quadrant
Website: https://www.quadrantprotocol.com/
Whitepaper: https://RepuX.online/wp-content/uploads/2018/03/RepuX-ICO-Whitepaper_v1.08.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3676988.0
Telegram: https://t.me/quadrantprotocol
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I think Quadrant will face other competitors well, because of their ecosystem and the technology, Your article is very good!! Thanks @prasannapr
@husnainali4 first, Im glad that you are interested in this project. Yes there are lot of competitors to the Quadrant Protocol, As you say their ecosystem and blockchain based technology will add a big advantage to their profile.
Thank you
Your posts are really good! I find each & every useful informations here on your blog!! Thanks for sharing (:
Im glad that you are interested in my articles @yashshah991, Appreciated!!
I'll be posting daily articles here.
@prasannpr143 The project of the quadrant seem very impresive as it giving surety about the data quality. Thanks for sharing this type of article.
Glad you have interested about this project, Look their token sale has nearly finished
With growing dependence on online system for everything, data has become backbone. But for lack of authentic and credible data, businesses as well as consumers are also being affected. Emergence of Quadrant Protocol is a matter of heartening and hope its contribution to data economy will be significant.